Resilience, Reputation, and Real Lessons in Entrepreneurship with Anik Singal

Right About Now - Legendary Business Advice

Entrepreneurship isn’t just about growth — it’s about what holds when everything is tested.

In this episode of Right About Now, Ryan Alford speaks with entrepreneur and author Anik Singal about one of the most challenging periods of his career: navigating an extended FTC investigation that forced him to shut down operations just weeks before a major company acquisition.

Anik walks through:

  • What an FTC investigation is really like
  • Why compliance and substantiation are critical at scale
  • The dangers of building fast without the right guardrails
  • How reputation and brand can protect you in the worst moments
  • Turning professional setbacks into purpose and clarity

This conversation is a powerful reminder that success isn’t defined by how fast you grow — but by how well you’re prepared when things go wrong.

Host & Guest Info

Ryan Alford
Host, Right About Now
Website: https://ryanisright.com
Instagram: https://www.instagram.com/ryanalford

Anik Singal
Entrepreneur & Author
Website: https://dontsaythat.com
Compliance Software: https://complylly.com


2026-02-27 16 min Transcript

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Transcript

 All generations millennial and below will much rather pay more money to buy the same product that they actively know they can buy for cheaper but they'll pay more money because of the connection they feel to the brand because of how much they believe in the brand and what the brand stands for that message the word I'm coming out here is community it's brand building and this is not something traditional direct marketers are aware of or even know I could not be here in front of you today if it wasn't for the brand I built this
 is right about now with Ryan offered a radcast network production we are the number one business show on the planet with over one million downloads a month taking the BS out of business for over six years and over 400 episodes you ready to start snapping next and cash and checks well it starts right about now what's up guys welcome to write about now it's always I get things right speed is time and money you got to go fast
 that's why we're all about now I would call myself the chief compliance officer I would probably not say that but after reading this guy's story and after you're here today I might be complying a little more than I want we got on it single what's about it
 Amen thanks for having me appreciate you that kind of a rule breaker but I don't really want to deal with the FTC let's set the table for everyone on it gone who you are and how you made the wrong kind of history started doing all my marketing when I was still in college wanted to be an entrepreneur man I can have any money and I turned to Google and I typed in how to make money
 and Google thankfully filled in online for me and I was like well that's interesting what a concept and I went through all of the different little envelope stuff in survey answering bullshit options and found my way into a forum that talked about selling PDFs and selling information
 here's the thing I was in a full scholarship and it was an amazing program every time a new semester came my friends would spend three to five thousand dollars on textbooks
 we pay for education since we're kids with the value of education is important it made sense to me I was like huh this is like a legit opportunity get rid of the middle man connect the person who's actually doing with the person who wants to learn it charge
 commoditized education 50 bucks hundred bucks this is amazing like this makes sense to me problem was in what the hell was doing didn't know how to build a website didn't know how to write didn't know how to do any of this crap and so I'm on this forum and I don't have any money and back then we didn't have all these podcasts and coaches and courses and YouTube and I had to spend money to hire someone to help me and I didn't have it
 to piece it all together 18 months struggled my ass off finally something work it was SEO affiliate marketing then email list building and then course publishing that made my way through it and by the time I graduated I was on
 pace to do over a million dollars within four years while I was in college while I was working a part time job my first college football game I ever went to home coming after I graduated so when I was in college I did not go to
 frat parties I did not go to college game I was working hard man I was studying and I was doing my part time job when I graduated I had
 offers from Morgan Stanley JP Morgan and Charles Schwab to come investment bank in New York I literally was living the
 dream that all my friends were dying for and I said no to all the jobs I want to do this built my business up I've had
 near bankruptcies multiple times now three times that's the magic number so I'm done I've been tested the magic
 number for a lot of billionaires is they've almost lost everything three times so I am good universe hear me out
 now I'm done with this I'm wanting more I've been up and down I've traveled the world I've
 spoken on stages for Tony Robbins Grand Cardone a partner with and been business partners with Robert
 Geosaki Bob rocker Les Brown Damon John from Shark Tank wrote the forward to my last book escape I've made a
 movie I was I was joking with you I mean I'm on IMDB I made a freaking bond spoof film with a crew of
 120 people where I conducted stunts I was actually gonna do massive stunts but I ended up having a
 problem and had to get surgery the week before so it was either delay the entire shoot which I
 can have the budget for or cut out the stunts and do some really stupid shit and make it look like I'm
 doing stunts but I've lived a really full life I was joking say I'm 41 I feel like I've lived at
 least normal persons two or three lifetimes built my cut my done a couple hundred million dollars
 worth of sales online now and built my business at its peak was gonna do 40 million and we were
 weeks away from selling due diligence was complete and my dream was to sell a company by Thomas
 40 I was about to do that I was 39 it was really hard man when I started 20 years ago my hypothesis
 thesis in life I was so appalled by the idea of someone having a job and it makes sense to me why would
 anyone do that my thesis when I graduate college when I hadn't really met life yet was everybody
 should be an entrepreneur everybody and 20 years later I stand before you and I'm saying 99.8%
 of the world should never be an entrepreneur it's just not for everybody but for me it's the only
 path I just can't see any other way and so I love what I do it comes with some really really bad
 really really hard trying cuff times but I take it all in strides I like it and today I really
 feel like the don'ts and the do's is like look when everything was going exactly as I showed building
 that company for 20 years the hardest thing I've ever done I tell people this analogy imagine
 you've been training for the Olympics for 20 years you get into that you're running you're in the
 race you're ahead you're about to win everything you've dreamt of every broken bone hard work
 bruise every morning you woke up at four every shameful thing that happened even embarrassing
 thing that happened you're two steps away from crossing the finish line and you will be the gold
 medalist winner your life streams will have come true you trip you fall break your ankle not only do
 not win that race you can't race for another two three years and when you come back the doctors
 are like they're gonna have to retrain this entire ankle you're back to where you were 10 15
 years ago do you still want to win the Olympic medal or do you want to give up on it now and that's
 what happened with me it was a hard reset in my life I lost the acquisition I lost everything done
 it all built it all done crazy things I've traveled the world I've lived in other parts of the
 world I'm an experienced different person so I'll do stupid things just for the experience I've
 zero regrets people always ask me what is it like to be sued by the FTC I always tell people this
 there was a period of my time in my life that I was in the ICU I was in the ICU for 92 days I was
 losing two pints of blood a day so every day they had to infuse me with two pints of blood I have a
 condition called Crohn's disease it got out of control my intestines were literally eroding and I
 was flat on a hospital bed in the ICU I almost got kicked out of a hospital because I refused to
 stop working in the ICU I would get blackberries Iceland didn't exist I would get blackberries
 snuck into the ICU by my team members I did a product launch from inside the ICU when I was dying
 because I was like as long as I'm breathing I don't give a shit if I'm breathing I'm fighting
 there's no excuses and it kept me alive I'm in the ICU I'm flat what happened is if they even put
 my hospital bed up if I was just set up my heart rate would spike to 180 they'd have to put me
 right back down for three months I was flat couldn't get out of bed couldn't walk never walk
 nothing I was in really bad shape three months later they basically said we don't have an option we
 have to do a very very large surgery on them 10 hours minimum and they told my family 50-50 if he
 wakes up like we just would not be surprised his body is super weak we don't know I did obviously
 wake up and went through hell I had to set up a makeshift hospital my parents basement took me two
 months of physical therapy just to be able to walk up the steps again because don't use it you lose it
 I lost my legs six months after that had to have surgery again a month after that surgery I was back
 in the ICU for 30 days had to have a third surgery that was a really hard year of my life being
 investigated by the FTC for 18 months was harder and I say that looking your dead screen in the
 eyes I'm not trying to make stuff up I took what is the hardest part of my life the most tragic part
 of my life the most painful part of my life the part that of most people everyone has something
 like this in their life could have gone through nasty divorce you could have gone through lost
 something or someone or God there's anything and what we tend to do is we tend to compartmentalize
 it build a membrane around it put it away and say I don't touch it I don't want to see it but
 it lives there it's that little demon that sits there and it eats at you you can't ignore
 avoid it so for me it was like I'm not I'm front and centering this thing I'm going to live it I'm
 going to experience it and what happened in that was in order to becoming my mission so I turned
 the most tragic thing in my life to now what looks like is will be the greatest victory of my life
 because I wasn't going to let it sit there for my entire life and be this thing this dirty thing
 that I don't talk about or I don't deal with what I was going to instead turn it into the
 best thing that's ever happened to me it's a little thing I want everyone to think about right now
 as they can walk away with something today right now what is that little demon you've hidden away
 what is that thing that aches you hurts you that triggers you that you've put away and how could
 it serve you rather than hurting you anyways that's my monologue thanks for coming to my TED Talk today
 hey guys if you've ever built a website before you know how quickly it can turn into a time suck
 recently I've been playing around with Wix's new hybrid editor called Wix Harmony you basically
 start by telling it what you're trying to build you prompt it to generate a professional great site
 just like you want it and here's the part I like you can easily go back and forth between AI and
 hands-on editing whenever you want the AI agent Arya is an expert in website design and business
 you can answer questions or perform direct actions throughout the process which has been huge
 for me when I'm trying to perfect the book of my website you've also got built-in tools for selling
 bookings and marketing pretty much all the stuff you actually need once the site's live if you're
 building anything right now a side project brand business whatever Wix Harmony honestly makes it
 easier to get out of your own way and start making stuff happen go to wix.com backslash harmony that's
 wix.com backslash harmony start your website today as being one of the top copywriters and
 information marketers ever it's been an interesting 10 years in the space with selling information
 coaching all that stuff what's changed what's the same in that space what you saw and what were
 some of your biggest successes in information marketing we are due for a shakedown it happens in
 every industry it's not unique to us and I've already lived through two of these the last shakedown
 happened in 2010 and 2012 quite frankly we're about a couple of years overdue COVID came in and
 did some weird stuff it changed the timelines otherwise we would have had an industry correction
 already now the shakedown the way it works is too many people are teaching shit they shouldn't be
 if you want to act as if for your own self to give yourself encouragement and to give yourself
 motivation like do what you want when it's just you but if I find out that my math teacher is
 acting as if they know math and they don't and they're teaching me math like we have a problem
 I'll never forget I walk up to my marketing 101 professor sophomore year he was older so I kind of
 assumed that he must have worked as vpcmo marketing for big companies and now he's retiring and he
 began a professor when I've told him I said hey what companies have you done marketing for and he
 starts telling me a list of companies he's consulted and I said no I was curious like where have you
 worked where have you led and turns out there's a 35 year professor he's never actually had a job
 in marketing I didn't even come to class after that honestly I was so turned off by the whole
 thing there's a lot of that going on right now in the industry and there was a lot of it going on
 back in 2008 2009 when the economy takes a weird hitch and I'm not here to say that the economy is
 going down because that seems to trigger half the people can we all agree on one thing where any
 conflicted economy which means half of the world's like dude we're in a shit show the other half
 the world's like this is never see anything better whether it's today a year from now five years
 from now there's going to be a correction has to be that market's going to go down it has to it's
 actually healthy it it better correct otherwise we're in for a really big problem later so given that
 fact we know we're going to go through this we might be in it now we're going to go through it soon
 now what happens the demand pulls back the amount of money people are spending on stuff pulls back
 but you've got to oversupply of coaches and trainers and educators because they'd spring up
 during like all the pandemic time generally this spring up now we got worldwide India it's like
 growing like weeds in Asia coaches and course sellers so we've got more options more people
 and it's driving prices down and it's as weird with what's happening though with the increase in
 demand cost of advertising is going up pricing is coming down demand is pulling back from the
 consumers it's creating a complete constraint businesses are going to fall apart and so it's a
 shakedown what happens now is all the people that really aren't here to be here that know what the
 hell they're doing that aren't doing this out of a great place a passion people always tell me
 like I'm like I haven't made shit from this guys this whole mission I am in the hole by over a
 million maybe 1.5 million dollars that's right I know I'm not making that up I can substantiate this
 I'm not in the business of making crap up I already got sued for that crap it's my passion that
 drives this I want the message out and I firmly believe that it'll come around and I'm the right
 person to teach us I got some other marketers right now that are trying to come and teach FTC stuff
 and I just sit there pat them on the head and say this is so stupid you can't you don't have the
 story you don't have the experience you don't have the connections you don't have the knowledge
 so I'm seeing a lot of that in the space and I saw it before and it cleaned itself out and it's
 gonna happen again as far as what's working there's one big difference between what worked 10 15
 years ago and today one big difference in the info space and that is how people convert 10 15
 years ago good copy sexy copy video sales page was enough people came and read it today it's
 kind of irrelevant we're in a very communal consumer base now especially with the younger
 audiences growing up it's been proven studies have actually proven that all generations millennial
 and below will much rather pay more money to buy the same product that they actively know they
 can buy for cheaper but they'll pay more money because of the connection they feel to the brand
 because of how much they believe in the brand and what the brand stands for that message the word
 I'm coming out here is community it's brand building and this is not something traditional
 and direct marketers are aware of or even know I could not be here in front of you today if it
 wasn't for the brand I built always focused on my brand it cost me millions I made a lot less
 money but I stand before you today in the same industry tall proud chin up and nobody in the
 industry persecuted me for what happened with the FTC otherwise for a lot of people that's a
 kill shop they're dumb they disappear I stand in front of it all why because my reputation spoke for
 itself I had taken time to build the brand if you're doing information marketing your coach whatever
 first and foremost change your windows you can't focus anymore on converting same day next day you've
 got to do 30 60 90 day windows you've got to do content marketing you have to win people over
 with your substance and that's where the shakedowns gonna happen because the people that are acting
 as if have no substance the market's going to weed you out they're gonna see right through it for
 an information marketer what are they doing between the time that they're pitching you how are they
 serving the community what is the information and most people are just not willing to put that
 time in they're not fond of every single chat in their Facebook community they're not going to
 put out podcasts like you do this isn't easy people think we just spring up we have to connect we
 have to schedule you went through a hurricane you got a studio you've got team members you had to
 take time away from your schedule you barely got a chance to eat lunch that kind of dedication
 Ryan is what it takes today you didn't need that 10 15 years ago you just lied through as we close
 out here on it talk about how you turn into a positive and all the stuff you're up to we are a
 culmination and a collective of all of our experiences not just the good ones and the things that hurt
 in the bad ones not one person has won the Olympic gold medal without losing a shitload of races
 bruises broken bones pain crying sacrifices and tough times no one you want to be great you got
 to deal with what the great deal with what can you do how can you turn your greatest tragedy
 into greatest victory for me I've turned it into my message I'm out there on every day trying to
 do a podcast talk to people about it a wrote a book about it we built an academy that people
 are loving where we train and teach people about it I'm speaking on stages I'm traveling around
 and we built an AI powered software that I've invested almost a million dollars building that is
 now being prospected by some of the biggest companies in the country because it does something
 that nobody else does god forbid that software takes off could possibly be worth hundreds of
 millions of dollars one day that's the kind of opportunity that sits in the tragedy that you
 obviously survived and in surviving that what did you learn and what did you pick up that could
 help others what would you have wished existed for you that could have helped you avoid that tragedy
 and you've got yourself a potentially huge idea that allows you to be of true service that's
 my positive message if you want the book don't say that calm and if you want to check out our
 software just because you're curious we have a demo and you can use it for free we have a 5,000
 word free limit just go to completely clmplily.com and when you go to don't say that you'll see a
 podcast or all over social media stuff I was the marketing guy I was the email marketing guy
 and believe me now there isn't a single day that I'm not tagged at least six or seven or eight times
 on Facebook about compliance related matters you can pivot yourself and your brand very quickly
 if the message is loud enough with all the AI all the technology all these conveniences and seemingly
 technical things the best things come down to being human and that's what you are brother thank you
 thank you hey guys you know to find us Ryan is right.com that's not just hyperbole it's not just
 a claim it can be proven most of the time you out of all the highlight clips you'll find links
 tonic stuff good check out don't say that we appreciate you for making us number one and we can
 claim it we'll see you next time I'll write about now this has been right about now with Ryan
 Alfred a radcast network production visit Ryan is right.com for full audio and video versions of
 the show order one choir about sponsorship opportunities thanks for listening

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